Journalize the Following Transactions for the Computer Store

question 123

Essay

Journalize the following transactions for The Computer Store. The Computer Store uses the allowance method of accounting for uncollectible receivables.
April 5 The Computer Store sells $3,200 of computer equipment on account to Jane Doe.
June 5 Jane Doe pays The Computer Store $2,000 of the amount she owes.
July 7 After repeated attempts to collect the balance due from Jane Doe fail, The Computer Store writes-off the remainder of the amount she owes.

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Definitions:

Cognitive-behavioral Therapies

A group of psychotherapies that focus on identifying and restructuring negative thought patterns, with the aim of changing unwanted behavior patterns or treating mood disorders.

Acceptance

The process of recognizing and welcoming actual situations or facts without trying to change them.

Exposure

A therapeutic technique used in cognitive-behavioral therapy to treat anxiety disorders, which involves confronting the feared object, situation, or activity in a real or imagined way.

Psychotherapy

A treatment method for mental health disorders and emotional difficulties that involves talking to a psychologist or other mental health provider.